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and pace of european economic integration. on the eastern front, germany's caution and confronting russia has controlled the pace of eu and american sanctions. and tempered nato's response in the front line countries of poland and the baltics. close ties with china give germany a foothold in asia and beijing a line of influence through berlin. in fact, the increase in trade between china and germany particularly in german exports to china, has exceeded all expectations. germany is china's number one trade partner in the eu. and the top investment destination for german companies is china. based on this emerging economic between china and germany, quote, a special relationship, unquote, is now emerging. item. china needs technology and germany needs markets. structural similarities and shared economic interests are key for this emerging special relationship. item, germany's approach to china is mostly driven on the need of its exporters. germany's foreign policy is based on the idea that economic exchange will lead to political and society change in china. item, china sees germany as the m
there they discussed the crisis. >> we're united in our determination to impose costs on russia for actions. as they move to restore order in eastern ukraine, it is obvious to the world these russianbacked groups are not peaceful protesters. they're heavily armed militants who are receiving support from russia. >> our guest is a fellow at the george washington university institute for public diplomacy and global communication. always good to get your perspective. punishing russia, is it going to be financial? is it the president at some point, do you see any indication he's going to be willing to go farther than just financial sanction, waver that may be? >> well, there are limited tools here. putin habs the strongest cards to play in this particular crisis. what happens in ukraine is far more important to russia and to europe than it is, you know, to the united states. the president has been able to inflick some costs on putin. the markets have inflicted some costs on russia. obviously, first and foremost, up to vladimir putin how far this goes. >> you wrote that angela merkel, chancellor
at the white house. the two leaders discussed sanctions against russia over the situation in ukraine and the future of relations between the u.s. and germany. this is 30 minutes. >> good morning, everybody. it is always a great pleasure to welcome my friend chancellor merkel to the white house. germany is one of our strongest allies and angela is one of my closest partners. with her indulgence, i want to start by making two brief comments. first, as president, my top priority is doing everything we can to create more jobs and opportunity for hard-working families for our economic strength as a source of strength in the world. this morning, we learned our businesses created 277,000 new jobs last month. all told, our business is now created 9.2 million new jobs over 50 consecutive months of job growth. the grit and determination of the american people are moving us forward but we have to keep a relentless focus on job creation and creating more opportunities for work and families. there is plenty more that congress should be doing from raising the minimum wage to creating good construc
.s. and its european allies has really become a conflict with russia is resonating in several directions. some of that was on display today at the white house. where president obama and german chancellor angela merkel endeavored to present a united front, punishment if russia does not disengage. >> if it continues to destabilize, eastern ukraine and disrupt this month's presidential election we will move quickly on additional steps. including further sanctions that will impose greater cost but that's a choice facing the russian leadership. gwen: some of the fallout is affecting how americans view their second term president. in the latest "wall street journal"/nbc news poll, nearly half of those surveyed say that the u.s. should be less active in world affairs. and approval of the president's handling of foreign policy has dropped to its lowest point ever. so what did the white house do this week to speak to that? alexis? >> so the president and the administration started the week by talking about another round of tough sanctions. most of the sanctions that started the week that the administra
today, the united nations security council held a meeting on russia's intervention in ukraine and the recent violence there. we heard remarks from u.s. ambassador samantha power but begin with comments from the israeli ambassador -- ambassador. this is about an hour and a half. >> it has to do with the punitive military operations with the use of terrorists from the co-fascist right sector as well as other national -- organizations against their own people in ukraine. the subunit of the ukrainian force is using tanks and other -- and other heavy artillery. striking protesters and entrenching fighters. misadventures are not quickly stopped than the cottage gothic context cannot be avoided. punitive measures against their own people, to carry out its obligations under the geneva ss to the inability or lack of desire to carry out its obligations under the geneva declaration for a swift halt of all violent and launching a broad, national dialogue with regis and political forces. if anyone is doubting, now today it is definitely clear that the begineclarations need to nationwide di
by side in the rose garden and spoke with one voice threatening broader sanctions against russia if it continues to foment violence in ukraine. >> if in fact we see the disruptions and the destabilizations continuing so severely that it impedes elections on may 25th we will not have a choice but to move forward with additional more severe sanction he. >> translator: i agree with the american president that they are not an end in itself, but combined with an offer that we want diplomatic solutions it is a very necessary second component to show that we're serious, serious about our principles. >> what form sanctions would take is still in question. president obama has pressed european leaders to press sectors. >> energy flows from russia to europe, those continued even in the midst of the cold war. at the height of the cold war. so the idea that you are going to turn off the tap on all the russian oil or natural gas exports i think is unrealistic. >> reporter: president obama said sectorsto could hit lines of trade. the two being leaders had their first meetings in almost two
to find a simple country that is going to be divided russia is also courting on the united nations security council to convene as soon as possible to deal with the situation satisfy the nicer places here in eastern ukraine people very tense people were very frightened. the situation seemingly about to disconnect boise on t study on its eastern ukraine. the meaning of the united nations security council convened today of violence rocking eastern ukraine. stop the proceedings. two hour meeting on the united nations security council the thirteenth time the council meets on the ukrainian christmas the second time this week. we knew who was the wife and left leaning brought up with the increased chaos and violence in eastern ukraine given the goal of life and most are right in the conflict. it was in russia that called for the fashion to take place the thing the urgency of the meaning of what it called a rezoning of military haitian against its own people by the cuban government the unraveling of the criminal misadventures that week even more catastrophic consequences for the violence t
written and spoken a great deal about the future of india, china, russia and the united states. i sat with him. he is 90 some years old now and i sat with him and his home. he is somewhat frail but he still has an incredibly crisp and sharp mind. in the middle of our discussion i turned to him and i said to him, i said mr. president what is china doing now and literally meaning what is the progress going on? i know president she because i have spent more time with him than any other leader i believe and i think eve knowledges and i was trying to figure out where is china likely to go? he looked at me and he said china is in the united states looking for that barry black talks. this is literally what he said and i quote, looking for the buried black box. i looked at him and i said, i beg your pardon? he speaks perfect english. he looked at me and he said they are looking for the box that contains the secret that allows america to be the only country in the world that is constantly able to renew itself and remake itself to continue to lead the world. i said to him, presumptuous of me, i
welcome the visit of secretary general feldman to russia. we believe it is time that it is a priority. it is the priority and we should avoid any further escalation of the prices by beginning dialogue with a view to contributing to peace andation of stability so that the elections can take place on the 25th of may. >> i think the representative of statement. >> thank you, mr. president. president, the situation in ukraine has. it in the past few hours. launched forces have have continued to seize public buildings and cities in eastern ukraine. the prosecutor's office is even occupied by the militants. they killed the two crew members. the osce military observers are still illegally obtained -- detained. we are deeply concerned by all these developments which further deteriorate the delicate situation in eastern ukraine. we strongly condemn the violence and by armed securities call for the appropriate response by the ukrainian forces. put our fullhould support behind the good officials of the secretary-general in resolving the crisis in ukraine. mr. feldman is going to ukraine. i call
at the us president and the visiting german chancellor said about the threat of tougher sanctions on russia. barack obama going up the prospect of measures targeting defence and finance. this is in ukraine to govern helicopters were shot down the aisle to get defensive. it's a good sled dogs has also been deadly stuff streaking up the southern port city of deaths. at least three killed there. also the newsletter may not have a new president can lay claim to the minister along with most eligible bachelor. the actions of george clooney's impeachment to human rights attorney and all of the team. i was char while ago here on false and get you her press conference from the white house. a lot of it. reacting to what's been up friday of escalation in both eastern and southern ukraine. in the port of odessa. three killed in clashes between pro russian protesters and supporters of ukrainian unity. meanwhile anton offensive by government forces on the eastern city of sled dogs marks for the shooting down two ukrainian helicopters kids security services when one was hit by a surface to air missiles. o
.s. economy, further threats by the west to increase sanctions against russia over ukraine, outrage in nigeria over the more than 200 girls abducted by extremists, brutal conditions for young boys at schools in senegal, a new push to end the widespread killing in south sudan, plus, shields and brooks on the week's news. >> woodruff: if you saw only the headlines that came out of today's jobs report, it looked very strong. the labor department reported employers added 288,000 jobs in april-- a good deal more than economists were expecting. and the unemployment rate fell to 6.3%, down from 6.7% in march, to a five and a half year low. but the picture is more complicated as our newshour economics correspondent, paul solman, reports, it's part of his ongoing reporting: "making sense of financial news". >> reporter: the jobs picture brightened last month. employers reporting they added jobs at the headiest pace in more than two years, and hiring picked up in a wide swath of sectors, led by professional and business services, retail and construction. what's more, 36,000 more jobs were added in febru
. sitting in tonight for brian. as president obama dangled the threat of tough o'er action against russia, the crisis in ukraine took a dangerous and deadly new turn today on the ground and in the air. as ukrainian forces in the east launch a major counter offensive against pro russian insurgents who then shot down two ukrainian helicopters. but the conflict has spread to southern ukraine. a country increasingly divided against itself, coming closer to the brink. we get more from our british partner itn. >> the term civil war should not be used lightly, but tonight, ukraine appears to be perilously close. >> the southern port city of odes odessa, a city split between those loyal to russia and those to ukraine. the two sides fought in the city center and the result was a bloodbath. more than 30 known to have died, and it is likely to have been more. unlike the east of ukraine, pro russians cannot dominate here. normal ukrainians, young women, middle aged mothers, joined in on the fight. the police were nowhere to be seen and there was little they could have done. it is when the pro ukraini
the russian border at a dangerous new level. russia warns of consequences. >> we are right in the city and they don't even know how to find us. >> the brazen group, behind the attacks and kidnapping of african schoolchildren. >>> lethal respiratory virus spreading through the middle east. >> the egyptian wonders of the world. >> and celebrating a decade of singing in new orleans. >> and ukraine a country out of control. the military launched a new offensive against pro-russian forces in the east. between those that support the ukraine governments and those who want to join russia. we go to the port city of odessa. homa hamid reports. >> the trade union building was set on fire after a day of violent flashes between pro-russian and prounity fighters, the intensity of their smoke sent some jumping for their lives out their windows. dozens of others died suffocating. ukrainian police had been deployed earlier in the day but were unable orestrain either side. the clashes in o odessa underlie the problems that face the interim government. ukrainian forces launched a new offensive in the so-
spoken out forcefully and against russia's illegal actions in ukraine and you have been a leader in the european union as well as an indispensable partner in the g7. your presence here today is a reminder that our nations stand united. we are united in our determination on coordinated sanctions. we are united on our unwavering article five commitment to the security of our nato allies including german aircraft joining nato patrols over the baltics. we are united in our support for ukraine including the very important imf program approved this week to help them stabilize and reform its economy. as ukrainian forces move to restore order in eastern ukraine, it is obvious to the world that these russian groups are not peaceful protesters. they are heavily armed militants who are receiving significant support from russia. the ukrainian government has the right and responsibility to uphold law and order within its territory and russia needs to use its influence over these paramilitary groups of they disarm and stop. evoking provoking violence. let me say that we are also united in our
again in new york and russia the us aisle to find common ground between the tuesday meeting at the un security council. the what you seem to lack of breaking the story and that the scandal became a design spread to the countryside happy. dozens of fatalities in school was even a peep in the country the people sitting the test at the time being ready to be peaceful farming for the race came in kiev at the ga than a complete its maniacal tv stations that my site the trade unions building west of port is a great serotonin have been forced myself to trying to seek shelter that has a strong will to see stability fifty eight people have been killed according to police some of the victims died on the jumping and the wind as it is quick to cite part is when she'll be it old school was even good people. i've been feeling in the streets calling for help or side of the same time mosman and i hate the theme connecting people in the streets with machine guns. it is amazing horowitz has joined by members of borrowing expressed disgust and fear the eighth with a blanket not to go to sydney lecturer
and threaten russia with more sanctions. >>> in afghanistan, a landslide burst thousands,. >>> and the economy is gaining steam. the unemployment rate drops to its lowest level in six years. the conflict in ukraine is getting worse. today the ukrainian army launched a preemptive attack on the eastern part of the country. those forces however armed with rocket launchers aimed an shooting down two helicopter pilots. when prowrg prowrgs pro-russian. >> purports to show what the residents are slovyansk and the pro-russian procrastinates who made the eastern city their base woke to at dawn. the ukrainian army launched what it described as a large scale antiterrorist operation. the apparent objective for now not to overrun the city but to form a blockade around it. some separatists said they were ready to fight. >>> i will fight with whatever i have, if not a rifle then i will fight with my hands and strangle them so they won't mess with my lands. >>> sophisticated surface to air missiles, something the government in kyiv points to as evidence of russian involvement on the ground. >>> this man is sa
when it comes to sanctions against russia. >> the goal is not to punish russia. the goal is to give them an incentive to choose the better course. that is to resolve these issues diplomatically. we are reunited on that front. leaders pointed to the ukraine elections as the next trigger point in determining whether stations were be expanded. says --hase the projection reflects a continued challenging environment and lower client activity levels. those are the top headlines at this hour. >> i want to get insight on today's jobs report. joining me now is >> from our studios in new york, this is "charlie rose." is bricklin dwyer. and janet elkin. great to have you here. let's start with you. from the jobsaway report? >> it is a mixed blessing. --saw a pop and play roles payrolls. generally that is a good thing. looking at the details, in the u.s. we had multiple payrolls. multiple jobs numbers. some numbers were less supportive of a stark rebound. >> what kind of details? the number of people actually in the labor force? >> exactly. but we look at is when people are confident, they've r
to come down harder on russia if moscow does not quit meddling in ukraine. i'm jake tapper. this is "the lead." the world lead. as pro russia protesters shoot helicopters out of the sky, germany's chancellor angela merkel talks about squeezing more sanctions on russia. >> jeb, if you need some advice, give me a call. >> increasingly it seems that republican donors may be inclined to and the pop culture lead, do you think this gives you a respectability that you didn't have before? >> absolutely not. >> joel mchale has something to make fun of, us, the host of "the soup" and the star of "the community" drops by "the lead" ahead of the white house correspondents' dinner. good afternoon, everyone. i'm jake tapper. we'll begin with the world lead. death in ukraine. 31 people died at a trade union building while the cause is not perfectly clear, odessa is currently being torn apart by rioting and clashes between ukrainian royalists and pro-russia activists with thousands positioned near the eastern border. but right here in the u.s., president obama and german chancellor angela merkel meeting
as president obama and german chancellor angela merkel met at the white house. the two leaders warned russia they are prepared to impose more sanctions. >> the goal is not to punish russia. the goal is to give them an incentive to choose the better horse, and that is to resolve these issues diplomatically -- a better course, and that is to resolve these issues diplomatically. and i think we are united on that front. >> they set a may 25 trigger date for economic sanctions, but will be sanctions stop putin's ambitions? joining me, a director of russian studies at the kanin institute. >>l this stop? we have tried times with sanctions. it does not seem to be helping much. >> putin has certain geo- political objectives. these sanctions will hurts. they will hurts going forward. in terms of the short-term to strategic objectives, he is not going to be deterred -- >> when you talk about his objectives, what are we talking about? does he want all of ukraine? just to cooler areas? wants allt think he of ukraine. if he wanted to invade ukraine, he could've done earlier. his main objective is to under
ukrainian helicopters. coming up, we'll look at whether an all-out war between russia and ukraine is inevitable and how the markets and the west could respond to the increased tensions. >> and then he cancelled on us yesterday at the last minute with no reason given, but boxing champ floyd mayweather has promised to come back with us today, so will he step into the ring with us, and especially with sarah who boxes, by the way. >> i would never go up against lloyd. >> he'll tell us why he wants to buy the l.a. clippers from donald sterling who has been banned, as we know, for life, and mayweather says sterling is a friend of his so there's a good chance, really good chance for a good interview with floyd mayweather jr. coming up this hour. stay tuned. stay tuned. and guaranteed one-second trades. and at the center of it all is a surprisingly low price -- just $7.95. in fact, fidelity gives you lower trade commissions than schwab, td ameritrade, and e-trade. i'm monica santiago of fidelity investments, and low fees and commissions are another reason serious investors are choosing fi
on a number of issues. in particular on sanctions against russia over the intervention in ukraine. the ap saying that the president says violence escalating in eastern ukraine is making it obvious to the world that pro-russian militants are not peaceful protesters. he voiced his support for the ukrainian government on the day of its first major offensive aimed at driving out the insurgents occupying government buildings across the east of ukraine. we will hear from the german chancellor in just a bit. she will be introduced i thomas dunne eu, the president and ceo of the chamber of commerce. we bring you a conversation on sanctions and their effectiveness on foreign policy. the president is meeting with chancellor angela merkel. >> german companies always opposed sanctions against iran and it is no surprise that they are opposing sanctions against russia. germany ruthlessly pursued its mercantile interest and the lobbyist wrong. it is a very strong economic relationship between germany and russia. including the former german chancellor. he is making money helping national gas -- natural g
significant support from russia. >> we'll discuss whether the two leaders with forge a united front in the face of russian aggression and auto renewed violence in ukraine. later, we'll dive into today's headline grabbing jobs report and why good news sounds so much like bad news for the gop. and melissa harris perry, msnbc's own, will be right here with us to discuss the plight of some 200 kidnapped school girls in nigeria. there were protests in new york today near the u.n., and we'll have more on that and what, if anything, the u.s. is doing to help. but we start with that joint news conference in front of the white house rose garden where president obama began with the jobs numbers and a few words on a devastating landslide and in afghanistan. both he and german chancellor angela merkel have tough questions on whether they can reach an agreement on stronger sakes against russia and whether they can bridge the divide between the u.s. and germany on nsa surveillance. president obama also faced a question from the international press about tuesday's botched oklahoma execution. on uk
was surprised it doesn't hold earlier, but you think mart of the reason might be russia? >> i think the report, you know, on the face of it blew everybody away thinking, my god, what a great number, but underneath you have the geopolitical, but then you have this push, and the fact that it hit some resistance there, i think the buyers started to back away a bit, which tells us we're still stuck in this range, investors are thinking there's probably a pullback coming. >> what do you think, bob? >> this is a difficult day for the traders. you know you're in trouble when your best sources call you and ask you what's going on. i had traders calling up and saying what's happening here? what happened was, first, confusion about the jobs report as steve beautifully laid out. beautiful number, but the labor force participation rate muddles the picture. in the middle of the day, all of a sudden we saw the stock market moving down, gold moving up, most people attribute that to mr. putin calling for a security council meeting on the ukraine, that that would be a potential figure leaf for him to potential
chancellor said they are united on the need to impose more sanctions on russia they are certain to be on the moinds of voters. jobs and the economy. today we have new information on the employment front. it is the topic of our panel where you can join the discussion. but first fox news alert. house republicans announce a special congressional committee will investigate benghazi and the white house response in the response of the attacks. welcome, i am john scott. >> thank you, john. i am in for jenna scott today. there is a subpeona to secretary of state john kerry to testify about why white house e-mails this week were omitted from previous administration's submission to congress. ed, the joint news conference ended. what was the headline? >> reporter: you are right. the investigation of the benghazi situation is now intensifying for president obama. and with speaker john boehner who resisted in forming a special committee to investigate benghazi because he felt like it was moving forward with various committees on capitol hill and we are told that he got frustrated in the las
with president obama. one focus russia's tightening grip against ukraine. in the last hour the president declared the u.s. and germany united and sent another stern warning to moscow. >> we are united in our determination to impose costs on russia for its actions as ukrainian forces move to restore order in eastern ukraine, it is obvious to the world that these russian-backed groups are not peaceful protesters but heavily armed militants receiving significant support from russia. >> times are also tense with ukrainian army launching the first major assault on separatist strong holds in the east of that country. a spokesman for putin called the move a criminal act. nbc news chief white house correspondent chuck todd, also host of "the daily rundown" joins us. how critical was it for the president to get merkel on board with sanctions? >> reporter: it's interesting, that is a glass is half full way of looking at it. here's what clearly they agree to. they have the next deadline that they've set to decide whether to do another round of sanctions and that is the may 25th election. you heard the presi
of sanctions by the u.s. and european union stopped short of hitting russia's oil and gas industry. trade between the two countries amounted to $100 billion last year. >> we work very closely with russia. we are to some extent even dependant on russia gas, so for that reason we are hesitant to put more pressure on russia. >> reporter: foreign policy analyst mark fisher says the white house sees merkel as a possible bridge. >> she is the link of communication with putin right now. in that respect, being here in washington the day after she just talked to putin, it's very important for symbolic and political reasons. we're not so hot blooded so chancellor merkel is someone on the german scene and europe yoon political scene who likes to lead by consensus. >> reporter: that cool demeanor may keep the german chancellor from hitting president obama with a scathing public critique of the nsa monitoring her private calls. >> she will say very clearly that she is disappointed, but she will do that behind closed doors. she will talk very openly, i think to president obama about this issue, but she
such a strong partner on this issue. you have spoken out forcefully and against russia's illegal actions in ukraine and you have been a leader in the european union as well as an indispensable partner in the g7. your presence here today is a reminder that our nation stand united. we are united in our coordinateon on sanctions. we are united on our unwavering article five commitment to the security of our nato allies including german aircraft joining nato patrols over the baltics. we are united in our support for ukraine including the very program approved this week to help them stabilize and reform its economy. as ukrainian forces move to restore order in eastern ukraine, it is obvious to the world that these russian groups are not peaceful protesters. they are heavily armed militants who are receiving significant support from russia. the ukrainian government has the right and responsibility to uphold law and order within its territory and russia needs to use its influence over these paramilitary groups of they disarm and stop evoking violence. let me say that we are also united in our o
stiffer sanctions, sanctions on the various sectors of russia's economy, the mining sector and believes that would have a bigger bite than sanctions implemented so far which largely target individuals. russia has been hesitant to move forward with stiffer sanctions because they are far more dependent on russia for things like oil than the united states is. so that is where the divide comes in. president obama has said he doesn't want to move forward without his european allies because he wants to present a united front to russia. the u.s. calculation being that that is far stronger than if the u.s. were to move forward unilaterally with those sectoral sanctions but germany is the linchpin here. so president obama will be trying to do some arm twisting. as you say, another issue that might come up the nsa, the two leaders could discuss the fact that german chancellor merkel was quite upset by the revelations that her cell phone had been happened. but the issue of ukraine will overshadow all of the other issues. >> and jean cummings, you've covered economics in the business world for so m
united. we are united to impose costs on russia for its actions including through coordinated sanctions. we are united on our unwavering article five commitment the security of our nato allies including german aircraft joining nato option over the pulpit. we are united in our support for ukraine including a very important imf program approved this week to help stabilize and reform the economy. and as ukrainian forces moved to restore order in eastern ukraine, it is obvious to the world that these russian backed groups are not peaceful protesters. the heavily armed militants who are receiving significant support from russia. the ukrainian government has the right and responsibility to uphold law and order within its territory, russia needs to use its influence over these groups so they disarm and stop provoking violence. let me say that were also united in the outreach over the treatment of the observers to have been detained in eastern ukraine. pro-russian militants are still holding seven observers including four germans and ukrainian escorts. they have been paraded in front of the med
in the next few minutes. one being the crisis in ukraine. much of it's a exports come from russia. and the eavesdropping on angela merkel's phone. libby casey joins us by phone right now. and libby, you have been tracking the developments that have been taking place. this is not going to be as smooth sailing as many hoped. >> reporter: good morning, del, as i talked to the german reporters, and we're talking about political scientists and scroll lars as well. they say that angela merkel is a very polite leader. don't expect her to throw our fireworks live. but they said she will be speaking intense words behind closed doors to president obama over concerns not just about what happened prior, but also the obama administration's reluctance, unwillingness to turn over her nsa files to the german government. it does not look like we'll be seeing any development in an intelligence sharing or no spy arrangement that is something some hoped could happen but it does not look possible. the u.s. does not see a lot of value in the intelligence that germany could offer. so we may see some war
of the city is, and unclear also what it plans to do next. >>> meanwhile russia has called for an emergency meeting at the un security council. the best hope for ukraine could come from meeting taking place in washington. today angela merkel is making her first visit to the white house since the nsa scandal broke. libby casey has more. ♪ >> reporter: president obama and chancell chancellor merkel will meet for four hours at the white house. >> they will say publicly we have to go together and when it comes to ukraine, we have to work together to put more pressure on putin. but the interests are different. >> reporter: the latest round of sanctions by the u.s. and european union stopped short of hitting russia's oil and gas industry. trade between the two countries amounted to $100 billion last year. >> we work very closely with russia, we are to some extent even dependant on russian gas, so we're hesitant to put more pressure on russia. >> reporter: since the start of the ukraine crisis, chancellor merkel has spoken more than any other word leader with president putin. >> she right now is
to impose actions on russia. we are united in our unwavering article five commitment. including german aircraft joining nato patrols over the baltics. we are united in our support for ukraine. the very important imf program approved this week. they disarm and stop provoking violence. pro- russian militants are still holding observers, including four germans, as well as ukrainian exports. they have been paraded in front of the media and forced to make statements at the barrel of a gun. it is disgraceful and un- excusable. finally, as both angela and i have repeatedly said, we want to see a diplomatic resolution andrew -- in ukraine. diplomatic and economic. it is estimated that $100 billion will exit russia this year. in short, russians actions are making an already weak economy even weaker. we have been consulting closely with our european and g-7 partners. the russian leadership must know that if it continues to destabilize eastern ukraine and disrupt this month residential collection, we will move quickly on additional steps including further sanctions that will impose greater costs.
, and we will have that for you life and the topic should be the tougher sanctions of russia and the eu role there. >>> and meanwhile, there was a major offensive launched today to take back one of ten cities in eastern ukraine that had been seized by russian militants. and gun fire and explosions could be heard. you are seeing that now. and the government said that the militants shot down two of the helicopters killing two of the crew. the militants say that one of the men was killed. and in a response, spokesman for vladimir putin said that all hopes of a government settlement had been destroyed because of this. and this is all unfolding. we are joined by white house correspondent pete alexander, and also the correspondent to the white house for special affairs peter hollis. and peter, let me start with you, in getting the european i union to agree to stronger sanctions in rush sharks and is that what president obama is going to be pushing for the meetings with angela merkel today? >> well, she got here a while ago and i saw the motorcade arriving here, and they will have a private
for some time now and one of the most crucial items on the agenda, the crisis in the ukraine. >> for russia, they're saying all hope is lost for a diplomatic deal and calling for a meeting of the u.n. security counsel. that is scheduled for noon today. launched a counterassault to dislodge pro russian separatists. now, ukraine says it's holding four suspects. >> and there are hundreds of u.s. troops now deployed to certain countries in that region on stand by in poland. also, the baltics, so the u.s. is a key interest here and watchful eye on what's going on. let's duoto washington where wolf blitzer and the political team are waiting for this news conference. wolf? >> this is cnn breaking news. >> thanks very much. we are following very important news. we're standing by for a major news conference. we're looking at live pictures from the rose garden just outside the oval office. the president of the united states has been meeting inside with angela merkel. they're about to speak. the president will make an opening statement, followed by angela merkel, then they will open it up to questions
speak about an aggressive russia. we will bring it to you live at noon. >> welcome to "market makers." i'm stephanie ruhle. erik schatzker is out. i'm joined by the well manicured matt miller. cure ifd to get a mani you were going to be on set with me. >> it is friday. jobs day. the headline number is the best it has been in more than two years. payrolls rose by 288,000 in april, far more than estimated. unemployment dropped to its lowest level since before the collapse of lehman brothers. but there is a lot beyond the headlines. i want to bring in michael mckee. you are the man who delivers the real deal. walk us through it. the headlines look great but the market is not excited. >> no champagne. the headline number is good but the details are not as good. that is why we are seeing markets back off from their initial excitement. a a tale of te -- it is tale of two surveys. we are coming back from the weather. the household survey, same measure,, the people were employed. we lost 73,000 jobs in that survey. more than 700,000 people leave the labor force with chuck drives unemployment --
to discuss tougher sanctions against russia over issues with ukraine. chancellor merkel is viewed as a pivotal figure in the standoff. >>> and a rockford, ohio, teen gives his great-grandmother the gift of a lifetime. austin dennison took his great-grandmother delores to his senior prom because she never got to go when she was in high school. this is great home video. start crying now, savannah. the two slow dancing together while the others looked on. an incredible gesture there. the night started with dinner at bob evans, one of her favorite places to go eat. the two, get this, they were home by 9:00 p.m. >> that's my dream night right there. >> just what her father said. better be home by 9:00. >> what a sweetheart. i just love that. what a great young man. he should be applauded. >> good man. >> not to mention he probably won all the girls after that. total ploy for the girls. >> should we turn to carson for the weather. >> no problem. let's check out the weather. >> exactly. there he goes. >> i don't know where to go. >> we have al roker, he's at churchill downs in louisville
postured now what to put on the table and how to try to coax russia back with the on ramp that gets it back into the civil, the world of civilized nations, and merkel is resonant to look at that economy. >> well, germany gets a third of the natural gas from rush sharks and 350,000 german workers depend on russian trade, and the difficu difficulty is that what are the chances that the europeans and the german s wis will make the ongoing sectorial sanctions? >> well, the dilemma is that the white house is going to make the going after putin and the cronies and the institutions with them to affect the course of the nation that i think that is, it is in the midst of a natural greatness campaign and wanting to feel a restoration of the pride and dignify in the world, and if you want to sanction the individuals, that is not going to necessarily give you the correction of the courses, and it is sort of like if you have the u.s. trying to sanction david koch and george soro soros, and hoping that the united states would go a different direction and many people have said that unless the sanctions ar
. the catalyst, the increasing tensions of ukraine, russia calling for emergency u.n. security council meeting after pro-russian forces shot down two cr ukrainian helicopters. the gdl up about 1%, as well, carl. back over to you guys. >> thanks so much. >>> when we come back, if steve jobs were alive today, should he be in jail? that's the headline of the jim stewart column this weekend in "the new york times." stewart's here to talk about what he's written in a moment. but first, rick santelli watching the jobs number and other things today, rick. >> yeah. i'll tell you what. just getting arms around the jobs number and objective way to try to get on the same page as the market is a real job. but i will leave you with this. geopolitics is the new weather. what do i mean by that? you have to join me at the bottom of the hour. >>> european markets closing a moment ago. let's bring in simon hobbs. >> if you took a weighted average of europe down half of 1%. manufacturing data good today. the eurozone growing at the fastest pace in manufacturing for three months but the unemployment rate at 11.8%
against ukraine's people. for more on the reactions from russia we're now joined by correspondence. i know are done you must go on sunday can you tell this one is the response from the russian government. the latest gunfire slow dance. i have been no response yet from the russian government on this latest incident in the house. what else but said the russian government has set in the past repeatedly that using the event that you keep the ukrainian government decides to use force against its own people we would be a crime and as we know from what delete as we know is that the interim defense minister often crave ice in the bark of confirmed that a helicopter was shot he said want least one person was killed and another one was injured there were reports of a second helicopter which was forced to land and i on the second pilot who was reportedly taken. i didn't cuss taken hostage by the pro russian separatist a bus in the nl reports that the holidays the pilot and was injured and is beating and she gets out by the magnetite the young doctors seem to fly thousand sq so that's it. that is the
conference from the rose gordon -- rose garden. you can watch that at bloomberg.com. russia will dominate their discussion. for more on that, we are back with mohamed el-erian and phil mattingly. has the crisis in ukraine helped heal a rift between the president and angela merkel? >> i think it has. administration officials feel repair thelped initial committee cases between the officials. since the ukraine crisis started in late february, the president angela merkel have spoken eight times by phone. they been closely aligned with every move on the sanctions side. g issue remains important to the germans. it will come up again. on ukraine, communications are on a good level. both recognize they cannot move forward on ukraine without the other. >> mohamed, you questioned recently where is the rule of law global politics. >> for good news is ukraine is bringing the west closer together. the bad news is it is a major test for the rule of law. days, the geneva agreements are dead. mr. putin continues to make requests on ukraine that are unrealistic. conditions on the ground in eastern ukraine
. reports from inside suggest that it is tension but calm. >> okay, johnna hull -- engineers. >> russia and ukraine had both promised to deescalate tensions in ukraine as part of a deal. >> angela merkel set to meet with president obama. the crisis in ukraine and the stepped up sanctions against russia expected to top the agenda as libby casey reports, this is her first visit to washington since it was revealed that the inform sa was listening in on her conversations >> reporter: president obama and chancellor merkel will meet for four hours at the whitehouse as both leaders wrestle with how far to push russia. >> they will say we have to go together and when it comes to ukraine, we have to work together to put more pressure on putin. but the interests are different. >> the latest round of sanctions by the u.s. and european union stop short of hitting russia's oil and gas industry, an industry german is tied to. trade between the two countries amounted to $100,000,000,000 last year. >> we work closely with russia. we are to some extent even dependent on russian gas. for that reason, we
action on russia after the latest exclamation -- escalation. of course for its part, russia is blaming ukraine, saying they sent a convoy in order to negotiate the release of the eight monitors who were captured by pro-russian separatists earlier. so i think what the ukraine wants to hear is that there is no stepping back, that they are ready to continue to back them on this. right heather, yesterday vladimir putin effectively told erchnof ofchurch an pull back. how are they reacting to that statement in kiev? are think people in kiev very much on amused by what putin has said after what happened here. it is pretty much business as usual, but they are obviously behind the government making some effort to control what is going on there and not just guessing the pro-russian separatist take this buildings that will and gradually take control of the region. >> heather harris, thank you so much, safe travels, our executive editor for eastern europe and emerging markets reporting today from kiev. on this job say, we have alan kruger for you in the next hour. even better, thomas pacelli econo
they will discuss more economic sanctions on russia but at some point the real question is whether tightening the screws on a major trading partner ceases to be in the interest of the german government. >> joe, a bit of a turn. another problem, really one that's plagued the administration for quite some time now. i want to get your take on. new criticism coming at the administration for their handling on the violence in benghazi, the deadly events in benghazi. this e-mail from ben rhodes that came out, is it really a smoking gun as is being described by republicans or is this just more -- is this politicking as this issue has become a bit of a political football ahead of the midterms? >> well, it's a question of optics, kate. also a question of putting the obama administration back on defense with house republicans exploiting those newly disclosed documents that suggests the white house may have misled the public about the attack in benghazi that killed a u.s. ambassador. this all had quieted down but now sort of brought back into the limelight after the non-profit group judicial watch uncove
obama hosts german chancellor angela merkel at the white house. tougher sanctions against russia could be on the table, all this happening as the violence in ukraine escalates dramatically overnight. cnn has been monitoring a large-scale military operation being launched by the ukrainian military, all while russian president vladimir putin is calling on kiev to withdraw its troops from southeast ukraine, withdraw its troops from its own country, if it wants to keep peace. let's get more on today's meeting between the president and angela merkel. senior white house correspondent jim acosta filed this report. >> reporter: john and christine, german chancellor angela merkel's visit to the white house comes at a critical time. both the u.s. and germany have tried to apply pressure on russia to try to de-escalate the crisis in ukraine, the u.s. taking the lead on sanctions, while chancellor merkel has tried to use her closer relationship with russian president vladimir putin to resolve the crisis, but it's not clear whether those closer ties are helping. in a phone conversation that the two
find common ground in confronting russia. >> pfizer ups its bid for astrazeneca. bayer is in exclusive talks to buy merck's consumer business. morning, everybody. you are watching "the pulse." i'm guy johnson. >> and i am francine lacqua. coming up, a bloomberg exclusive. we speak with the south african finance minister as a nation sets to go to the holes. >> the army in ukraine has become an operation to retake ovyansk. pressure is reporting that two helicopters have been shut down and one pilot killed. down and oneshot pilot killed. heather, can you give us the latest on the situation, vis-a-vis the offensive? day.re protests on labor the situation here has become increasingly tense, as you mentioned. there was an antiterrorist operation by ukrainian forces to slovyansk. we have had two statements, one from the interior ministry saying this operation started about 4:30 a.m. today. they have circled the town, taking control of nine roadblocks as interior minister and the head of the national guard and the defense minister are on the spot there. they are demanding the release of hosta
is down a third. in russia, the micex is down a third as well. china still close because of a two-day holiday. they'll be back on monday. the nikkei slipping down 0.2%. the hang seng up 0.5%. the s&p sx. just take a net on this, 38 treasury yields 3.42% at the moment. we got down to 3.39%. the ten-year has been down to two-month lows, 2.59 was the yield during the session yesterday. we're off those lows at the moment. but maybe a bit of a short squeeze going on in treasury markets. we'll talk about that during the show. on the currency markets, the dollar, cautious again ahead of nonfarm payroll. euro/dollar, 1.36 and dollar/yen 102.46. we keep our eyes on sterling, 1.69. up near a five-week peak. that's where we stand with currencies right now. meanwhile, let's bring you up to speed with the latest in ukraine. reports of casualties in eastern ukraine today after the country's military has launched a large operation to regain control of the town of slovyansk. sources say pro-russian separatists have strengthened their hold on donetsk after taking another government building. prime
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